Business / Corporate Aug 4, 2017
Sapporo snaps up Anchor Steam in U.S. craft-beer foray
by Jeff Sutherland and Lisa Du
Anchor Brewing Co., a century-old San Francisco brewer that helped pioneer the craft-beer movement, will be acquired by Sapporo Holdings Ltd., part of a push by Japanese beverage companies to seek growth on U.S. soil. The business, best known for Anchor Steam beer, fetched about ...